A new lawsuit was filed recently that challenges the Labor Department’s overtime rule. This new rule, expected to impact nearly 4 million workers, raises the salary threshold for “white-collar” exemptions from $35K to $44K starting July 1, 2024. Employees will need to earn at least this new threshold to even be considered exempt from OT […]
On May 8, 2024, Colorado’s state legislature passed a bill imposing rules on the use of AI in businesses. Set to take effect in 2026, the law specifically targets the discrimination that arises from AI being used to make important business decisions, such as hiring and firing employees. The SB 205 Bill If the SB […]
The federal government publishes a list of dates each month to inform immigrant applicants when to expect notification from officials to collect and submit required documentation. An Overview of June Dates for Employment-Based Adjustment of Status The June Visa Bulletin is of utmost importance for immigrant visa applicants. It provides crucial dates for when to […]
Since 2007, VertiSource HR has provided turn-key outsourcing solutions to help companies seamlessly and efficiently handle essential functions. These solutions enable companies to focus on their core operations while staying compliant and up-to-date with all necessary regulations. Our Services Payroll We understand the intricacies of payroll management across all industries. Our outsourced payroll services are […]
The Secure Act 2.0 contains several amendments that help improve the retirement system and the financial preparedness of Americans for retirement. The law continues earlier legislation that increased the age at which retirees are required to take Required Minimum Distributions (RMDs) and allowed workplace savings plans to offer annuities. This culminated years of discussion aimed […]
Company policies, procedures, and training might need to be updated in light of the new Equal Employment Opportunity Commission’s guidance. For the first time in 30 years, guidance on workplace harassment was updated to have protections for LGBTQ+ employees. And although this isn’t a governing law, the guidance is still useful for employers to know […]
